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Ethereum is showing strong momentum as the crypto market rebounds, with analysts eyeing a potential breakout. A decisive move above $2,851 could signal further gains, while a drop below current levels may see ETH retest support at $2,168.
- Ethereum's price is compressing near $2,800, with a breakout potentially targeting $4,000.
- Analysts warn of high volatility, advising caution until ETH's consolidation resolves.
- A strong ETH rally could trigger a broader altcoin market surge, per dominance chart analysis.
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Related Tags: Ethereum
Other Tags: Daan Crypto, Jameson Lopp